10446432, 69B-221.105 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 10446432

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Division of Insurance Agent and Agency Services

Chapter:

BAIL, BONDS, AND BAIL BOND AGENTS

Overview

RULE:

69B-221.105

Premium Charge Only Permitted

PURPOSE:

To amend the rule to allow for a minimum partial payment of at least 10% of the total premium due per the applicable rate filing of a bail bond premium at the time the bond is executed. The proposed rule requires a “written agreement” that includes all terms, conditions and other information, as specified. The proposed rule requires a bond to be fully collateralized at the time of execution and further provides that the time period for collection of the full payment of the bond premium must not exceed 180 days. Where full premium is not collected within the 180 day period, or a violation of any other terms and conditions contained in the written agreement occurs: 1) the defendant may be surrendered to custody and; 2) the bail bond agent or surety company shall be entitled to retain any portion of the premium actually paid on the bond. The proposed rule also requires form DFS-H2-1542 (Statement of Surrender Form) to be completed upon the surrender of a defendant. The proposed rule has been renumbered accordingly.

SUBJECT:

Partial Payment of Bail Bond Premium.

RULEMAKING AUTHORITY:

624.308, 648.26(1)(a) FS.

LAW:

624.307(1), 624.308, 648.26(1)(a), 648.33, 648.36, 648.44(1)(o), 648.44(6)(c) FS.

PRINT PUBLISH DATE:

9/30/2011 Vol. 37/39

RELATED STATUTES
AND LAWS:

624.308, 648.26(1)(a) FS., 624.307(1), 624.308, 648.26(1)(a), 648.33, 648.36, 648.44(1)(o), 648.44(6)(c) FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=69B-221.105&PDate=9/30/2011&Section=1

REFERENCE MATERIALS:

No reference(s).

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